Some apartment complexes will do the co-living setup too in order to provide more affordable housing (I've only seen at apartments close to universities where most of the people are within the same age demographic - with the exception of onesies & twosies.You may need to be mindful of the neighborhood, here & there.Structuring the lease may be charging a flat rate for most utilities.May want to follow the occupancy limits still for your local market.Hope this helps, I'd still try to connect with more people in St.

Seattletimes is on the anti-landlord bandwagon and extreme pro-tenant.

We have floated the idea of "Aging in Community" as co-owners of a great large format home. 

They measure beds/baths, square feet, construction type and age.

The optimal amount can depend on factors such as the unit's age, systems, and forecasted repairs or upgrades.Additionally, some investors set aside an extra 10-20% of rent to cover maintenance, capital expenditures, and potential vacancies, in addition to their cash reserves.

His age and retirement status are hurdles.

Personally, I don't invest in anyone that hasn't lived professionally through the GFC, so by default I don't invest with anyone under the age of 45 yrs old.4.

I have a network of aging friends and family with aging friends and families; it’s a whole new world of challenges; people don’t listen; they may be unrealistic beyond comprehension; they fail to heed warnings or do anything; and so on. 

No obvious structural issues from the listing, but the age suggests surprises are likely.Rehab Budget: • Low estimate = $50K (light updates) • More realistic = $75K (new kitchens/baths, flooring, paint, code updates) • High end = $100K+ if major systems need replacingRents (CMA comps): • 1BRs: ~$1,400–$1,750 each (https://prnt.sc/RMm854WPuPdk) • Stabilized Gross Rent: ~$4,200–$5,250/mo (~$50K–$63K/yr)Cap Rate: ~9% if rehab stays in the $50K–$75K range, falls closer to 7–8% if it pushes past $125KConstraints:FHA 203k requires me to live in one unit for 12 months, so only 2 units would generate rent in Year 1.With 2 units rented, cash flow looks negative (~–$600 to –$900/mo).With all 3 units rented after Year 1, cash flow flips positive (+$600–$800/mo) and grows with rent increases.My Question:For anyone who’s done a 203k or similar triplex rehab — does ~$75K sound realistic for getting this building into clean, rentable condition (floors, paint, kitchens, baths, basic systems)?

Age plays a huge factor when it comes to comps.